IPT 6.25% 1.7¢ impact minerals limited

Ann: Lake Hope Scoping Study, page-54

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    Annual demand for HPA is predicted to increase by 22.2% pa to about 250,000 tonnes by 2030 due tothe demand for LED and lithium-ion battery uses, both underpinned by globaldecarbonisation and electrification initiatives, there won't be any shortage of buyers. IMO HPA prices will be a lot higher by 2030 and IPT may then need to ramp up production by 200-300% to meet the increasing demand. Lake Hope has enough HPA to last several decades with the current resources and more may be found in surrounding lakes in IPT's tenements.


    https://hotcopper.com.au/data/attachments/5727/5727696-f73ffd1c9ea86f39e5079ba04826b46d.jpg
    Last edited by The Mechanic: 11/11/23
 
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